15. Section 30 of the Data Protection Act 1984 (exemption for regulation of financial services etc.) shall have effect as if—
(a)the reference in subsection (1) to prejudicing the proper discharge of statutory functions to which that section applies included a reference to contravening article 12 of the First Council Directive(1); and
(b)the reference in subsection (2) to any enactment included a reference to these Regulations.
Council Directive No. 77/780/EEC (OJ No. L322, 17.12.77, p.30); article 12 was substituted by Council Directive No. 89/646/EEC (OJ No. L386, 30.12.89, p.1.), article 16.